Greenlam Industries Limited — Others, 11-07-2025: Action(s) initiated or orders passed

Greenlam Industries has announced a board meeting on the financial results for the quarter and half-year. The company has received an order from the Commissioner of Customs, Kandla, confirming a duty demand of Rs. 7.05 Cr related to anti-dumping duty on base paper and IGST exemption on imports under advance authorization. Additionally, a redemption fine of Rs. 4 Cr and a penalty of Rs. 14.10 Cr plus interest have been imposed. Greenlam is reviewing the order and plans to appeal within the allowed timeframe, expecting a favorable outcome without material impact on its financials or operations.